Ordinance adopting 2024 budget approved

The Georgetown City Council adopted an $868 million budget for Fiscal Year 2024 on first reading August 22. A second and final vote is scheduled for September 12, where the tax rate will also be heard and adopted formally. 

The 2023-24 budget anticipates $97.59 million in revenue, a 9.3 percent decrease from 2023, and $115.1 million in expenditures, 2.5 percent less than the budget. Additional…